Stock Rating Downgrade
The Value Trend Rating for Stewart Information Services Cor (NYSE: STC) weakened of late from B to C reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
Stewart Information Services Cor (NYSE: STC) stock closed at $69.78 on 8/9/24 after a modest gain of 0.3%. However, exceptionally low trading volume at 45% of normal accompanied the advance. The stock has risen 1.4% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, STC is expected to be a modest Value Builder.
Stewart Information Services Cor has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Stewart Information Services Cor has a slightly negative Appreciation Score of 37 but a good Power Rating of 78, triggering the High Neutral Value Trend Rating.
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